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Reading: Bah, Humbug! Rand Paul Report Particulars $1 Trillion in Wasteful Spending
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Bah, Humbug! Rand Paul Report Particulars  Trillion in Wasteful Spending
The Tycoon Herald > Politics > Bah, Humbug! Rand Paul Report Particulars $1 Trillion in Wasteful Spending
Politics

Bah, Humbug! Rand Paul Report Particulars $1 Trillion in Wasteful Spending

Tycoon Herald
By Tycoon Herald 5 Min Read Published December 26, 2024
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Bah, Humbug! Rand Paul Report Particulars  Trillion in Wasteful Spending
Credit score: Gage Skidmore by way of Wikimedia

Congress and federal companies wasted greater than $1 trillion of taxpayer cash in 2024, based on an evaluation revealed by U.S. Sen. Rand Paul, R-KY, who has lengthy known as for fiscal duty and the tip of waste, fraud and abuse of taxpayer cash.

Losing taxpayer cash and uncontrolled spending has made the nationwide debt worse, he argues, which this 12 months surpassed $36 trillion.

“Americans are paying $892 billion in fiscal year 2024 on Uncle Sam’s credit card,” he stated, referring to the curiosity paid on the nationwide debt.

In Paul’s Festivus Report 2024, he says “members of each political events in Congress voted for enormous spending payments, stuffed with subsidies for underperforming industries, continued navy help to Ukraine, and controversial local weather initiatives. As Congress spends to reward its favored pet tasks, the American taxpayers are pressured to pay via excessive costs and crippling rates of interest.

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“Members of Congress continued to send “Americans’ hard-earned money to foreign countries, funding endless wars, all while STILL ignoring our wide-open southern border,” he stated.

Highlights of the report embody the federal authorities spending $10 billion “on maintaining, leasing, and furnishing almost entirely empty buildings,” and greater than $7 million on varied “magical projects.”

The U.S. Division of State seems to be a prime company waster of taxpayer cash, Paul notes. Highlights embody the company spending:

  • almost $5 million on influencers;
  • $3 million on ‘Girl-Centered Climate Action’ in Brazil;
  • $2.1 million for Paraguayan Border Safety;
  • almost $900,000 to the Royal Movie Fee to provide films in Jordan;
  • $500,000 to develop the U.S. Embassy in Ethiopia’s “#USInvestsInEthiopians social media campaign to a larger national public relations campaign Bibbidi-Bobbidi-Boo”;
  • $345,434 on soccer engagement to counter terrorism,
  • $330,000 to censor conservative media;
  • greater than $250,000 to Bosnia to battle “misinformation;”
  • greater than $123,000 to show Kyrgyzstan youth the right way to go viral;
  • greater than $108,000 on a non-functioning lodge;
  • greater than $32,500 for breakdancing.

Different examples Paul cited as wasteful spending embody the U.S. Division of the Inside spending $12 million on a Las Vegas pickleball advanced and greater than $720,000 on wetland conservation tasks for geese in Mexico, based on the report.

Additionally notable within the report was the U.S., Division of Well being and Human Providers awarding a $2 million grant to review kids Fb advertisements about meals and almost $420,000 on a “Depressing Study of Lonely, Starved Rats” to find out if lonely rats search cocaine very happy rats.

RELATED: Costs Rose Over 20% Beneath Joe Biden’s Administration

The Division of Power spent “$15.5 billion to push Americans toward electric vehicles they don’t want.” The Nationwide Endowment for the Arts spent $365,000 to advertise circuses in metropolis parks, awarded the Bearded Women Cabaret a $10,000 grant to help a cabaret present on ice skates centered on local weather change, and since 2015 has awarded $385,000 for artwork shows on the Excessive Line.

The U.S. Treasury Division granted a failed trucking firm a $700 million pandemic-era mortgage; the Nationwide Science Basis spent almost $290,000 “to ensure bird watching groups have safe spaces.”

The U.S. Division of Agriculture spent $20 million on the Fertilize Proper Initiative to advance fertilizer use in Pakistan, Vietnam, Colombia, and Brazil.

The Company for Worldwide Improvement spent $20 million on “Ahlan Simsim” a brand new Sesame Avenue present in Iraq; the U.S. Navy is about to waste nearly $90 billion on ineffective Navy vessels, the report notes.

Syndicated with permission from The Middle Sq..

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